JPY/NOK

- NOK (-)

- Real time data - Forex

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Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	JPYNOK
ISIN:

JPY/NOK - 1H - Technical analysis published on 04/30/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bearish

Technical indicators

17%

28%

56%

My opinion

Neutral between 0.06990 NOK and 0.07088 NOK

My targets

My analysis

A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 0.06990 NOK. The first resistance is located at 0.07088 NOK. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The JPY/NOK price is 0.07031 NOK. On the day, this instrument lost -0.03% with the lowest point at 0.07010 NOK and the highest point at 0.07046 NOK. The deviation from the price is +0.30% for the low point and -0.21% for the high point.

0.07010

0.07046

0.07031

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of JPY/NOK in 1H shows an overall slightly bearish trend. 50.00% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.06836	0.06877	0.06990	0.07031	0.07033	0.07100	0.07163
Change (%)	-2.77%	-2.19%	-0.58%	-	+0.03%	+0.98%	+1.88%
Change	-0.00195	-0.00154	-0.00041	-	+0.00002	+0.00069	+0.00132
Level	Major	Minor	Minor	-	Major	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.06656	0.06766	0.06900	0.07010	0.07144	0.07254	0.07388
Camarilla	0.06966	0.06988	0.07011	0.07033	0.07055	0.07078	0.07100
Woodie	0.06667	0.06772	0.06911	0.07016	0.07155	0.07260	0.07399
Fibonacci	0.06766	0.06860	0.06917	0.07010	0.07104	0.07161	0.07254

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.06728	0.06846	0.06908	0.07026	0.07088	0.07206	0.07268
Camarilla	0.06920	0.06936	0.06953	0.06969	0.06986	0.07002	0.07019
Woodie	0.06699	0.06832	0.06879	0.07012	0.07059	0.07192	0.07239
Fibonacci	0.06846	0.06915	0.06958	0.07026	0.07095	0.07138	0.07206

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.06735	0.06850	0.07000	0.07115	0.07265	0.07380	0.07530
Camarilla	0.07076	0.07100	0.07125	0.07149	0.07173	0.07198	0.07222
Woodie	0.06752	0.06859	0.07017	0.07124	0.07282	0.07389	0.07547
Fibonacci	0.06850	0.06952	0.07014	0.07115	0.07217	0.07279	0.07380

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	50.22
MACD (12,26,9):	0.0000
Directional Movement:	10.23423
AROON (14):	-50.00000
DEMA (21):	0.07033
Parabolic SAR (0,02-0,02-0,2):	0.07080
Elder Ray (13):	0.00001
Super Trend (3,10):	0.06975
Zig ZAG (10):	0.07027
VORTEX (21):	0.9343
Stochastique (14,3,5):	38.46
TEMA (21):	0.07033
Williams %R (14):	-68.00
Chande Momentum Oscillator (20):	-0.00017
Repulse (5,40,3):	-0.1494
ROCnROLL:	-1
TRIX (15,9):	0.0124
Courbe Coppock:	0.20

MA7:	0.07043
MA20:	0.07073
MA50:	0.07073
MA100:	0.07114
MAexp7:	0.07030
MAexp20:	0.07027
MAexp50:	0.07024
MAexp100:	0.07035
Price / MA7:	-0.17%
Price / MA20:	-0.59%
Price / MA50:	-0.59%
Price / MA100:	-1.17%
Price / MAexp7:	+0.01%
Price / MAexp20:	+0.06%
Price / MAexp50:	+0.10%
Price / MAexp100:	-0.06%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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